euro curve

ront-End Stagnation and Long-End Shifts: Diverging Dynamics in Euro and US Yield Curves

The current risks are towards more ECB easing, but because medium-term risks are tilted to the upside, we think markets will remain firmly anchored around a 1.75% landing zone. In the US, the ultra front end has a tight feel to it, while longer tenor yields have a more loose tendency. We identify some technical factors driving this